Of course, nobody really knows how much life insurance they will need. And of course, we all wish we didn’t need any life insurance! But we all know that life is uncertain, and it wouldn’t be fair to leave our family grieving, AND BROKE, because you suddenly shuffled out of the mortal realm.

I found a neat little Life Insurance Needs Calculator. It’s not very sophisticated, but I think it’s the type of thing many people will like because it gets them to understand how one would calculate a good face value of a new policy. You consider your income, mortgage, other debt, and future plans like children’s education. You also consider your spouse’s ability to make income or maybe just make do.

The Life Insurance Needs Calculator is Described here!

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